7 Cornell Drive

Fort Richmond, Winnipeg

Property score

78.2

Good

Overall 78.2 · Older than most nearby homes

1,524 sqft (top 32%) · Built in 1965 (7 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

78.2 is composed by the two sections below.

Property Score

72.6Good
Living Area79
1,524 sqftGood
Year Built46
1965Low
Lot Size81
6,268 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

86.7Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,524 sqft
0255075100
Same streetTop 21%Same areaTop 32%CitywideTop 29%
Same street · Cornell Drive
#6 / 28
Top 21% · Avg 1,383 sqft
Same area · Fort Richmond
#844 / 2,629
Top 32% · Avg 1,421 sqft
Citywide · Winnipeg
#56,512 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetBottom 46%Same areaBottom 48%CitywideTop 35%
Same street · Cornell Drive
#15 / 28
Bottom 46% · Avg 417.3k
Same area · Fort Richmond
#1,356 / 2,629
Bottom 48% · Avg 435.7k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,268 sqft
0255075100
Same streetBottom 21%Same areaBottom 27%CitywideTop 26%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

7 Cornell Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 493 m), 2 parks (nearest 262 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 7/2021CA$400k–450k
Sold price

Same street

Top 43%

Same area

Top 31%

City-wide

Top 30%
Sold 12/2017CA$350k–400k
Sold price

Same street

Bottom 14%

Same area

Bottom 31%

City-wide

Top 46%

Related homes

Highlights & common questions: 7 Cornell Drive, Winnipeg

Property Overview: 7 Cornell Drive, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fort Richmond is a practical and well-sized property built in 1965. Its primary appeal lies in its above-average living space (1,524 sq ft) compared to many local and city-wide benchmarks, offering more room than typical homes in its category. The house features an attached garage and a renovated basement, adding functional living and storage space. The lot, while slightly smaller than some immediate neighbours, is still a generous city-sized parcel.

The home’s assessed value is consistently average for its street and neighbourhood, suggesting it is priced in line with market expectations without significant premium or discount. This creates a stable, predictable entry point into the mature Fort Richmond community. It would suit first-time buyers or small families looking for a move-in-ready home with a modernized lower level and more interior space than many comparable options. Its straightforward profile also appeals to value-conscious buyers who prioritize practicality over flashy updates.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
The home offers more living space than most comparable properties on its street, in Fort Richmond, and across Winnipeg, placing it in the top 21-32% for size in these groups.

2. What is the significance of the assessed value being "around average"?
It indicates the property’s municipal assessment is typical for the area, suggesting the home is unlikely to be over- or under-valued based on core tax metrics, providing a neutral starting point for market pricing.

3. The land area ranking seems low for the neighbourhood. Is the yard small?
While the lot is smaller than many in Fort Richmond, it is still above the city-wide average. This often means a manageable yard with less maintenance, which can be a benefit for some buyers.

4. The home was built in 1965. What should I consider?
As a home from the mid-60s, prospective buyers should prioritize a thorough inspection of foundational elements, roof, wiring, and plumbing, which are typical focus areas for houses of this era, even with a renovated basement.

5. Can I see the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service provides estimated price ranges and offers to send the precise figures directly via email upon request, which they handle manually.